š Price Action & Market Drivers
New all-time highs: Bitcoin recently surged past $123,000 before retracing slightly to around $117ā120Kāa classic postāpeak pullback after a wave of profitātaking .
**āCrypto Weekā optimism**: The surge was fueled by U.S. regulatory momentumābills under review and supportive presidential signals have driven institutional inflows. Anticipated legislative clarity around stablecoins and strategic Bitcoin reserves further boosts sentiment.